You notice how self aware he is and never deflects blame on the market? That is trading psychology at its best and it is invaluable

I had a P/L of -$16 the other day and couldn’t sleep that night

He is not worried about showing his losses... I respect this man very much !!

this was EXACTLY me this 2 days ago this past thursday Sept 17 2020 on TSLA, except with bullish calls. I think i really needed this video. THANK YOU for walking through your trades and your psychology. I felt those same order of emotions, from letting my ego deny my thesis was wrong, to feeling like this new loss is still far smaller than the major loss i just took(i'm already down X, what's x more...), all the way to not recognizing my small wins as wins, but rather 'how much more do i need to break even...' Ended the day just trying to emotionally digest being down half my roth... It's comforting to know that other people have gone through this rollercoaster and are still successful. It's a reassuring reminder that it's part of the game and necessary for growth. I learn way more from recognizing mistakes vs just looking at the profit(which can be just false positives). Every session isn't about making a day of profit with me, it's about refining my skills in hopes to more consistently make profits in the future.(don't just eat the fish, learn to fish better)

Your description of the mental side of a bad trading day, is exactly what I have been through. I just started a couple of months ago, and your explanation reassures me that even great traders go through what I am experiencing right now. Thank you!

How I made 10k on a trade - 1mil view How I lost 10k - 10kview

Good stuff man, love these recaps, very informative. Looking forward to more videos from you!

Hope you recover from your loss soon! Cheers from Palm Beach, Florida.

I have to admit I was so embarrassed to post my losses, but this gives me confidence to share my losses too. Thanks!

Realistic and so true. Thank you and I learned a lot from this...new subscriber now

New to your channel but I like your logical/ rational approach - much respect for the transparency into your trades!

Very good video. So refreshing to see a trader on YT sharing his losing trade and not just the winners. We can learn from both. Hey I use on my lower indicator the RSI, MACD, and the Stochastic. Although not always correct these indicators help me to get in at a pretty reasonable entry at support or resistance. And you're sharing about the mental part of making trades really was a home run with me, because I've questioned my ability to trade after I've made questionable trades. Thanks for sharing and being honest about having a lost. Peace out.

This was so good to see. Very very helpful video. Learning from bad trades is so crucial. It really shows the craziness of day trading and how quick everything happens.

Nice video Umar! I don't enjoy seeing you loosing money, but I like this kind of video, very instructive!

Subscribed and have been watching your videos. Thanks so much for sharing your knowledge and experiences. Appreciate you keeping it real.

Man, LOVE the video, instead of Blah Blah - this is what to do or not to do a DETAIL break down of the whole thing - SO MUCH VALUE !!!

recently discovered your channel and I am so pleased. Genuine, honest and a great teacher.

This is one of the best trading related videos I’ve seen yet. Thanks for uploading bro

Very appreciate UA everyone has a bad day just keep going and learn form the mistake !!!

Fantastic breakdown! Learning a lot with your price action breakdowns.

TY for all of your videos Umar. Trading smaller money right now, making less expensive mistakes and will continue to review and eliminate them and scale,

Love the content man, thank you for all your hard work 💪💪

THX for posting loosing trades. We learn a lot from losses.

I've seen many videos about how people could get profit about $10K, and now I see your video about loss $10K. I found that your video gives more motivation than the others to not give up in trading, thank you. I am your new subs

Thanks for your transparency! So helpful!

respect for this video. not apart of the SML team but you keep it real, thanks for the knowledge.

Thank you for this vid

This was so informative, its hard to get over red days as a beginner, but hoping to get better

Great content as always brother. Keep it up and I love how transparent you are about your process which helps up and coming traders like myself to truly understand that losses are an absolute part of trading.

Great video as always bro! 🙏🏼

God bless Umar you’re the man. These videos help me out so much

Thanks for your honestly. I still watching videos to learn before I start my trading. It's was a good information.

Thank you for sharing your experience and tips.

You learn from the losses brother it's apart of the process much love God bless pray for the best

Excellent Umar, great initiative on your part with this video. Respect.

Thank you for showing your bad day. This was really insightful and educational.

@umar: Awesome vids. Keep us motivated. Looking forward to work with you.

Thanks man. I learn more from this type of honesty.

Thanks for the transparency! Can you please do a video on when to take profits on option scalps?

Thanks man, very insightful video! Learned a lot!

This is such a valuable video thank you!

So much respect and admiration for you!

Thank you so much for sharing your lost experience, that’s very helpful for newbie. 🙏❤️

That was a strong postmortem. Respect... Learnt a lot of things...

Thanks for the valuable lesson. Subscribed.

I saw this video initially a few months ago and I had to come back today and watch those first 5minutes because, even though I know this, it’s very hard to step out of a big loss and listen to myself with all this mix of emotions. As social beings we are, it helps tremendously to listen the advice I know from someone else. Last week I made 10k and just this morning I lost 12.2k and it hits so damn hard. This game is one where your psychological mindset will match your results and so I thank you for mentoring me aswell as others.

Thank you for being transparent

thank you for making more videos, very helpful

thanks fr this post i had a bad day the other day needed to know that someone i have respect fr have the same mistakes

it help a lot thats for sure i will rewatch it to always keep it in mind

Umar thank you brother. Here is my question: Can you do a video on Level 2 and Time and Sales?

Nice recap :)

Your authenticity is refreshing. I believe you really want to help us. I've been following you for about a year now and you are consistently authentic and teaching us. Thank you my friend

Thanks for sharing !!!

Awesome vid, cheers

Damn, I really needed this! Taking a break after having the same exact experience with Tesla but I appreciate this video bro!

Invaluable Umar, thanks for sharing 👌

honestly i can relate and it feels great when we admit and learn from it and that's it. it's the transparency

great explanation bro!

Thanks for sharing this brother

Excellent video 👌👍 This is my second stock trading video from yourself. Extremely good explanations and walkthrough of your psychology and breakdown of your trades. Can't wait to learn more. 👍 Congratulations on your Aventador 😁🙌🔥🔥🔥

Thank you for doing this kinda videos man, you’re changing my life in order to be successful

wow appreciate your honesty. most people doest share red days. this will really help people struggling with their emotions.

Great video, thank you for sharing

I don't know why this guy is just so nice to watch it makes your losses feel like a win even tho you lost money you gained knowledge

bruhhh!!! i don't even trade stocks but man the honesty you showed in this video the actual reality of what trading really is... well you got a new sub :). thank you

The fact that you can make plays like this and still stay mental strong is amazing. Keep up the amazing work.

Never saw someone doing vid on bad trading day this good...👍👍👍

I’ve done this before but not on the level of money you trade with and it sucks, you’ve just gotta see what you did and try to fix it!

amazing video!

i appreciate your honest abt your mistake ..market is bigger than any individual..everyone has bad day..i am your fan for what you have achieved

Nice trading desk setup!

Jazzakallah khair for being honest. I like it .you are a good soul.

A very good insight and breakdown to how a trade can go wrong.

Brilliantly explained

Thanks for being honest and sharing. I know you're a good trader so I wonder if this particular day you were distracted, sick, or something else going on?

assalamualaikum brother keep posting these trade breakdown and your trades videos,really helpful

GRACIAS, excellent video

Man this video was right on time! I blew my account up holding BYND wayyyyy too long, being overly aggressive, and overall greedy! Thanks so much for the video!

salute u boss!! No one likes to show their losing trades.Learnt a lot from this video.This video is masterpiece to me.

One of the best video in a while on trading. Clearly focus should be on the process, rather then outcome. Btw, 3rd trade was good rejection from the lows..it is good intra long.

Thank you for the great video; do you trade spy options or you prefer individual stock options? Do you find a liquidity problem exiting your positions? Also, do you trade in- or out of the money options? I would appreciate your response

the best content for trade stocks!!

THIS IS ONE OF THE BEST VIDEO IN TRADING 10/10

Your setup is based on support and resistance breakouts (entry/exit/target) on 1min candlesticks chart. Options buying. right?

I appreciate you bro, you hit us with the REAL!!!! Really went into the psychology and ego aspects that we all go thru 👌🏾💯. Thank you for showing us the real always, giving us the tools to alter our mindset for the better

Hey man, great video. What platform are you using in this video (to trade and charts)?

This video qualifies as one of the best on trading. Its a very important video. I've been through similar experience . That is what happens when traders momentarily forget about trading Psychology, emotional and risk management. Thumbs up.... well done for making it. My story :: I was in a big draw down, then I aggressively tried to recover my loss..The loss got even bigger. I then walked away from the computer. Came back determined to avoid the mistakes I made, managed to recover my losses with a tiny of profit. I then tried to end the day up. Sadly I dug myself another hole. At that point I was very pissed off, shutdown the PC for the day. Every trader should often be reminded that to make money trading is hard BUT its easy to loose money, its even easier to carelessly throw away money while trading.

Thank you, from India, your so motivation and inspirational

Very helpful Umar. Thanks for sharing

thank you umar

Key to successful trading imo is take cut loosing trades quickly. Always look at loosing trade videos to learn the mistakes is important. Thanks bhai for great video

Here from Adams video🙌

Great video..

This is such a great video

Premiums were super volatile yesterday. Sucks being right on my trades just for the premium to take a hit.

Umar thanks 1 million for sharing this type of information it is just fantastic and I wish you well giving so much on KZfaq just amazing,🙏🤩👋👋👋

Excellent video . I have been trading for over 30 years, I can’t tell you how many times I have done the exact same thing that you did here. No matter how many times after a bad trade like where you tell yourself never again, it will happen again. TSLA is one of my main trading stocks , I have been burned many times on the short side with Puts.

Really Great Video for every trader...

Very helpful video Thank you